Ares Capital annual return on equity
2021
2022
2023
2024
2025
Ares Capital Return on Equity (ROE) Growth & History (ARCC)
Ares Capital's return on equity was 9.39% for fiscal 2025.
View full Ares Capital company overviewAres Capital annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.39% | −3.01 pp |
| 2024 | 2024-12-31 | 12.40% | −2.27 pp |
| 2023 | 2023-12-31 | 14.67% | +8.15 pp |
| 2022 | 2022-12-31 | 6.51% | −13.02 pp |
| 2021 | 2021-12-31 | 19.53% | — |
Ares Capital quarterly return on equity
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.22% | −1.38 pp |
| Q1 2026 | 2026-03-31 | 0.65% | −1.14 pp |
| Q4 2025 | 2025-12-31 | 2.05% | −0.69 pp |
| Q3 2025 | 2025-09-30 | 2.85% | −0.29 pp |
| Q2 2025 | 2025-06-30 | 2.61% | −0.05 pp |
| Q1 2025 | 2025-03-31 | 1.78% | −2.11 pp |
| Q4 2024 | 2024-12-31 | 2.73% | −1.02 pp |
| Q3 2024 | 2024-09-30 | 3.13% | −1.59 pp |
| Q2 2024 | 2024-06-30 | 2.66% | −0.59 pp |
| Q1 2024 | 2024-03-31 | 3.89% | +1.06 pp |
| Q4 2023 | 2023-12-31 | 3.75% | +1.92 pp |
| Q3 2023 | 2023-09-30 | 4.72% | +3.59 pp |
| Q2 2023 | 2023-06-30 | 3.24% | — |
| Q1 2023 | 2023-03-31 | 2.84% | — |
| Q4 2022 | 2022-12-31 | 1.83% | — |
| Q3 2022 | 2022-09-30 | 1.14% | — |
Ares Capital return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, Ares Capital's return on equity decreased from 19.53% to 9.39%, a change of −10.15 percentage points. The latest reported quarter, Q2 2026, shows 1.22%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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